By Trend

The State Tax Service under the Ministry of Economy of Azerbaijan has registered Token Azerbaijan LLC, Trend reports citing the ministry.

The company is a subsidiary of Turkish Token Financial Technologies, a leading provider of payment system platforms.

According to the ministry, the authorized capital of Token Azerbaijan is 920,000 euros ($936,752).

The official representative of the company is Kartal Rasit.

Token Azerbaijan is registered at 37, Khojaly Ave., Khatai district, Baku.